Waters Ave Estates
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
211 homesBuilt 1924–2021
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Waters Ave Estates Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
70%
Owner-occupied · Waters Ave Estates
150 of 213 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · Waters Ave Estates
incl. 5% trust or LLC-held · 2% out-of-state
0%
Cash buyers · Waters Ave Estates
0 of 3 sales, 12 mo ending June 2023
211
Homes in the community
plus 2 vacant residential lots · 213 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1924
Community established
homes built 1924-2021, median 1962 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2021
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waters Ave Estates is an infill pocket, not a subdivision built in one phase. The year-built range runs from 1924 to 2021, with a median year built of 1962, so the housing stock spans pre-war construction, mid-century bungalows, and recent builds on individual lots. That spread means condition and vintage do more to set price here than any shared floor plan or builder standard — a fully updated 2021 build and an untouched 1920s house can sit blocks apart with very different value profiles.

The homestead share sits at 70.4%, meaning most owners here have filed for the exemption tied to a primary residence rather than treating the property as a rental or short-term hold. That points to a market where inventory turns over less frequently and where sellers are often making a deliberate, planned move rather than exiting an investment. Buyers should expect fewer off-market surprises and more homes that reflect years of ownership rather than flip-ready staging.

Best for

  • Buyers looking for an established Tampa lot who plan to personally evaluate or inspect a mix of vintages before committing
  • Buyers comfortable pricing a home on its individual condition and renovation history rather than a neighborhood-wide standard
  • Buyers who want a primary residence in a market where most owners have filed homestead exemptions rather than a heavy rental-turnover area

Probably not for

  • Buyers who want the reassurance of a single builder standard or a home built within a narrow, recent date range
  • Buyers whose priority is a community pool, clubhouse, or other shared amenity package
  • Buyers unwilling to budget for condition variance on an older home built well before recent code standards

The market around Waters Ave Estates

Waters Ave Estates is a small community — 6 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Waters Ave Estates specifically. Momentum Research analysis of MLS records.

If we were buying in Waters Ave Estates today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Waters Ave Estates.

Best Buy
Buyers who want an established Tampa lot and are prepared to evaluate each house on its own construction era and condition.
Biggest Risk
The wide year-built range means condition, systems, and renovation history vary sharply from house to house.
Sweet Spot
A moderately sized home, roughly at the 1,733 sq ft median, updated enough to avoid deferred-maintenance surprises.
Avoid If
You want a community-amenity package — none is identified here, so the draw has to be the house and the location.

A Century of Building, One Lot at a Time

With homes dating as far back as 1924 and as recent as 2021, Waters Ave Estates has been built out in waves rather than as a single development. The median year built of 1962 puts the bulk of the stock at mid-century, but that median hides real variance — some blocks lean toward original construction that has never been substantially updated, others toward recent teardown-rebuilds or additions. That variance is the central thing to evaluate house by house rather than assume from the neighborhood name.

At a median living area of 1,733 square feet, homes here run to a moderate footprint rather than sprawling new construction. Combined with no identified community amenities, this reads as a neighborhood valued for its lots, location, and individual house condition rather than for a shared pool, clubhouse, or gated entry. Buyers drawn to amenity-driven communities should look elsewhere; buyers focused on the house and the dirt it sits on will find that this is exactly the kind of market that rewards that focus.

The location and the amenities are priced into every listing in Waters Ave Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a neighborhood built across nearly a century, the comparable sale down the street is not always a real comparable. We pull permit history, renovation scope, and true condition on each property before pricing it, rather than leaning on a neighborhood-wide average that can mask a hundred years of construction differences.

Waters Ave Estates in 15 seconds.

Best forBuyers who want an established Tampa lot and are prepared to evaluate each house on its own construction era and condition.
Biggest advantageA high homestead share signals a market of long-held primary residences rather than rapid investor turnover.
Biggest riskThe wide year-built range means condition, systems, and renovation history vary sharply from house to house.
Sweet spotA moderately sized home, roughly at the 1,733 sq ft median, updated enough to avoid deferred-maintenance surprises.
Avoid ifYou want a community-amenity package — none is identified here, so the draw has to be the house and the location.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waters Ave Estates sales matched to your home.

What is your Waters Ave Estates home worth?

Get a no-obligation home value based on real comparable sales in Waters Ave Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Waters Ave Estates?
The Florida DOR 2025 assessment roll shows 211 homes plus 2 vacant residential lots in Waters Ave Estates (public records).
What share of Waters Ave Estates is owner-occupied?
70% of Waters Ave Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waters Ave Estates built?
Homes in Waters Ave Estates were built between 1924 and 2021, with a median year built of 1962 (FL DOR 2025 roll).
Do cash buyers compete in Waters Ave Estates?
Cash buyers took 0% of Waters Ave Estates sales in the 12 months ending June 2023 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Waters Ave Estates?
The best agent for Waters Ave Estates is one who actively works Tampa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Waters Ave Estates.
How do I find a top Tampa real estate agent who knows Waters Ave Estates?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waters Ave Estates and the wider Tampa area.
Can Momentum Realty connect me with an agent for Waters Ave Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waters Ave Estates purchase or sale - no call center and no pressure.
Buyers looking for an established Tampa lot who plan to personally evaluate or inspect a mix of vintages before committingExcellent fit
Buyers comfortable pricing a home on its individual condition and renovation history rather than a neighborhood-wide standardExcellent fit
Buyers who want a primary residence in a market where most owners have filed homestead exemptions rather than a heavy rental-turnover areaExcellent fit
Buyers who want the reassurance of a single builder standard or a home built within a narrow, recent date rangeProbably not
Buyers whose priority is a community pool, clubhouse, or other shared amenity packageProbably not
Buyers unwilling to budget for condition variance on an older home built well before recent code standardsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33614))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (10 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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